U.S. Dollar / South African Rand
Short
Updated

USDZAR Short position rising wedge

332
Easy. Can see the rising wedge. Looks like we are about to break the support. Target will be the black line underneath. This is a mid term target. Will wait for a 4 hour candle to close underneath the support zone before going short.


Trade active
snapshot

Broke out of the rising wedge.

Target has been stated.
Trade active
snapshot

re-tested supply zone. Bearish divergence. Should be on our way down to the target.

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